ES CERAMICS TECHNOLOGY BHD

KLSE (MYR): ESCERAM (0100)

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Last Price

0.165

Today's Change

+0.01 (6.45%)

Day's Change

0.16 - 0.165

Trading Volume

1,018,300


24 people like this.

14,536 comment(s). Last comment by Lee Ying Yee 1 week ago

shadowz

711 posts

Posted by shadowz > 2020-06-01 11:58 | Report Abuse

For share price below RM1.00 stocks, the limit up price is +30cents

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 11:58 | Report Abuse

sit tight and relax comrades , let's enjot the ice cream goreng ride !!!!! >>>>>>>>>>>>>>>

kingb

519 posts

Posted by kingb > 2020-06-01 12:01 | Report Abuse

With only 200 mil shares issued, you know what will happen.

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 12:02 | Report Abuse

Shadowz , noted with thanks for info !
DOn't be greedy right ? Up 30 cents per sessions , can laughing all the way to bank already lah !
LOL

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 12:05 | Report Abuse

200 mis shares issued, 45% held by 2 big bosses, around 110 mils liquid shares in the market, as at now , trading volume already reached 65 mil liao !!

Supermom

42 posts

Posted by Supermom > 2020-06-01 12:06 | Report Abuse

Yeah yeah :)

Posted by shrewdinvestor > 2020-06-01 12:12 | Report Abuse

As I always said, this counter is all about fundamentals and really good company with current and future strong earnings. Good call to buy and my view is also dividend in October would be good as main sharehloders are also human beings and want some returns..

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 12:19 | Report Abuse

RIDE ON YOUR WINNER !!
The engine just started !! BROOM BROOM BROOM >>>>>>>>>>>>>>>>>>>>>>>>>>>

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 12:20 | Report Abuse

Be patient !
RM1.00 is reachable by this week !!!

Eldon

434 posts

Posted by Eldon > 2020-06-01 12:30 | Report Abuse

Follow HLT please...

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 12:33 | Report Abuse

https://www.youtube.com/watch?v=7hyMCymFA2Q

Es ceramics annual dinner ! LOL !
come and meet their staffs !!
All minority shareholders also dance like that now !! haha

Adam Lim

120 posts

Posted by Adam Lim > 2020-06-01 12:41 | Report Abuse

i notice the PE is at 160 now, nothing to be worry and just follow the wave and buy ?

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 12:50 | Report Abuse

Adam Lim, where did you get this info ??
EPS for past 4 Q = 1.74, cash per share = 10ct, present share price = 62ct,
PE (minus off cash per share) is (62-10) / 1.74 = 29.88 !

This is just the "past" PE ! All glove counters past PE already reaching 70-100 ! (as reference)

Ice cream best past 4 Q PE is around 3.9 (in 2016, we expect they can reach that judging by the demand for thier products going forward ! ), so at present price of 62ct, future PE ( - cash per share) is (62-10) / 3.9 = 13.33 (ONLY) !!

Present & future PE also very much under value !!
This is a company with past 10 years of profit, and strong net cash , yet the only hand former company listed in Bursa that fully exposed to glove industry !!

Adam Lim

120 posts

Posted by Adam Lim > 2020-06-01 13:26 | Report Abuse

thanks lewis, i use hong leong online broking, weird it shows the PE is at 160.80 for last FYE and then 35.39 for last 4Q..may be the data is wrong

Posted by StarLightMe > 2020-06-01 13:49 | Report Abuse

limit up today!!!

Eldon

434 posts

Posted by Eldon > 2020-06-01 14:33 | Report Abuse

Finally the buying interest turn to Esceram!

faizal

1,457 posts

Posted by faizal > 2020-06-01 14:39 | Report Abuse

lousy mikecyc say esceram cannot buy ...

faizal

1,457 posts

Posted by faizal > 2020-06-01 14:41 | Report Abuse

mikecyc not sifu he Investing experience is beginner

faizal

1,457 posts

Posted by faizal > 2020-06-01 14:41 | Report Abuse

but we don't follow he comment we buy esceram now booming ...woo haha

Eldon

434 posts

Posted by Eldon > 2020-06-01 14:45 | Report Abuse

HLT limit up already, cannot get...pick Esceram as your next choice!

nickleeson

223 posts

Posted by nickleeson > 2020-06-01 14:52 | Report Abuse

yup next to limit up is esceram

nickleeson

223 posts

Posted by nickleeson > 2020-06-01 14:52 | Report Abuse

last call

tan1868

787 posts

Posted by tan1868 > 2020-06-01 14:52 | Report Abuse

limit up soon!

kingb

519 posts

Posted by kingb > 2020-06-01 14:56 | Report Abuse

Demand > Supply.

Eldon

434 posts

Posted by Eldon > 2020-06-01 15:02 | Report Abuse

Lewis Lee, the limit up price for today is 0.765..which I ready q to sell...hahaha

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:06 | Report Abuse

Eldon, I see ! Good luck ! :)

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:07 | Report Abuse

Adventa & careplus both experienced double limit UP for last 2 days !!

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:09 | Report Abuse

After finishing frying Big 4, small 4 .... now to FRY with baby Ice cream liao !!!!

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-06-01 15:15 | Report Abuse

Ice with special topping and choc chip.. Tq

Richielee

49 posts

Posted by Richielee > 2020-06-01 15:20 | Report Abuse

If today we close at ~0.68, we shall be able to see pricing in the ~0.80 within the week.

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:27 | Report Abuse

comparing to HLT :-

KUALA LUMPUR (June 1): HLT Global Bhd’s share price hit limit up today as the craze for glove maker shares spilled over to the company which specialises in setting up production lines at rubber glove manufacturing plants.
The company also holds a 55% stake in HL Rubber Industries Sdn Bhd which manufactures rubber gloves.
HLT Global soared 50% or 29.5 sen to a record high of 88 sen. A total of 156 million changed hands in the morning trading session. The trading volume was 17 times more than its 200-day average trading volume of 9.09 million shares.
HLT Global's share price has jumped more than seven times from the low of 11.5 sen in mid-March.
The company’s warrants, HLT-WA, made a bigger leap. The derivatives rocketed 76% or 27 sen to 62.5 sen and were the most traded securities on Bursa Malaysia with 337 million units changing hands.
HLT Global has also jumped onto the pandemic bandwagon. In April, HLT announced that it was venturing into distributing Covid-19 test kits.
It said its wholly-owned unit HL Advance Technologies (M) Sdn Bhd had entered into a distributor agreement with Accobiotech Sdn Bhd for the distribution of Covid-19 rapid test kits around the world for an initial period of one year from April 20, 2020 to April 20, 2021.
It is worth noting that HLT is among the list of companies which have been granted an extended deadline to submit its financial results for the quarter ended March 31, 2020 (1QFY20). The reason for the delay in submission was not known.
HLT Global said it will utilise the extension of time granted by Bursa and the results are expected to be released by June 30.
For the financial year ended Dec 31, 2019 (FY19), the company managed to turn profitable, posting a net profit of RM4.68 million, compared to a net loss of RM26.1 million for FY18, on higher revenue. Its top line grew 12% to RM144.43 million from RM128.78 million.
However, HLT Global incurred a net loss for 4QFY19 of RM2.19 million, though it was narrower against RM19.84 million for the corresponding quarter a year ago. The company’s quarterly revenue shrank 27% to RM29.72 million from RM41.21 million due to a decline in revenue from its rubber glove segment.

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:28 | Report Abuse

I just read this, HLT & LKL actually quite risky investment !!
can be trap for novice investors !
Ice cream's balance sheet & track record are much more solid !!

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:31 | Report Abuse

HLT, huge losses in 2017 (- 2 ct) & 2018 (-8ct) ! from nta of 0.20 wiped out to 0.10 in 2019 !!

Bullish

885 posts

Posted by Bullish > 2020-06-01 15:32 | Report Abuse

ESceram is the only glove related counter haven’t reached it all time high in history

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:35 | Report Abuse

We don't just blindly invest in their business (glove, health care etc), we must also check whether the management can turn their lucrative business into profit and do not screw up !!
How is their ASP comparing to their competitors ?
Are they just cutting price to fight market until making huge loss ?
Are they lousy in control their costing & have huge financial charges until making loss ?

mamatede

3,950 posts

Posted by mamatede > 2020-06-01 15:37 | Report Abuse

Esceramic do what deserve this valuation oh? not even producing any gloves. siao..

kingb

519 posts

Posted by kingb > 2020-06-01 15:40 | Report Abuse

星星之火,可以燎原

Eldon

434 posts

Posted by Eldon > 2020-06-01 15:41 | Report Abuse

Almost every stock is close to limit up...lkl, luxchem, ocn...esc soon...

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:42 | Report Abuse

"Come back to ice cream here, if they are still the biggest manufacturer of hand formers IN THE COUNTRY & PROBABLY IN THE WORLD as reported 10 years ago, then this company could be enjoying the best hefty profit period of their life time !!

Biggest and only listed in bursa, they might enjoy near-monopoly or duo-poly market in hand formers sector ! Almost all rubber glove factories in malaysia & thailand have to order from ice cream for hand formers, because at this glove-demanding urgent time, ALL glove factories in this region (malaysia & thailand) expand their capacity, running hard at their hand formers and surely spoiling more, demand for hand formers will definitely rise !
nobody or few existing readymade factory can mass deliver this special products to glove manufacturer !! They are the hand formers KING, they dictate the price lah !! "

read my previous analysis here mamatede !

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:43 | Report Abuse

Put in simple :- all glove makers need to order form them or another competitor(not listed) in malaysia !! whereas we have so many glove makers fighting for market share !!

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 15:45 | Report Abuse

Don't forget, every years they are consistent in delivering profit until accumulating huge net cash of 20 mil !

Bullacent

92 posts

Posted by Bullacent > 2020-06-01 15:58 | Report Abuse

Tmr this fly stock

kingb

519 posts

Posted by kingb > 2020-06-01 16:00 | Report Abuse

All others back to limit up again. Now back to focus on this.

Bullish

885 posts

Posted by Bullish > 2020-06-01 16:14 | Report Abuse

Look like it can limit up

rosdi

53 posts

Posted by rosdi > 2020-06-01 16:20 | Report Abuse

45% up today handsome profit..

Richielee

49 posts

Posted by Richielee > 2020-06-01 16:26 | Report Abuse

Bullish pennant - breaking 0.70 imminent

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 16:34 | Report Abuse

approaching LIMIT UP !!!

Posted by newtomarket > 2020-06-01 16:35 | Report Abuse

TP anyone?

kingb

519 posts

Posted by kingb > 2020-06-01 16:36 | Report Abuse

Last ticket to limit up?

Lewis Lee

1,671 posts

Posted by Lewis Lee > 2020-06-01 16:37 | Report Abuse

TP = 1.00 (conservative one ) :)
If pandemic-theme play is still there, SKY is the limit !!

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